TH Stock Earnings Estimates Reduced by Northland Securities

Target Hospitality Corp. (NASDAQ:TH) – Investment analysts at Northland Securities lowered their Q4 2026 earnings per share estimates for shares of Target Hospitality in a research report issued to clients and investors on Tuesday, November 10th. Northland Securities analyst G. Gibas now forecasts that the company will post earnings per share of $0.16 for the quarter, down from their prior forecast of $0.22. The consensus estimate for Target Hospitality’s current full-year earnings is ($0.04) per share. Northland Securities also issued estimates for Target Hospitality’s FY2027 earnings at $1.08 EPS.

Target Hospitality (NASDAQ:TH) last issued its quarterly earnings data on Monday, November 9th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $129.06 million during the quarter, compared to analysts’ expectations of $118.35 million. Target Hospitality had a negative net margin of 12.23% and a negative return on equity of 11.92%.

TH has been the subject of a number of other research reports. Morgan Stanley increased their price target on shares of Target Hospitality from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, September 14th. Oppenheimer lifted their price objective on shares of Target Hospitality from $24.00 to $27.00 and gave the company an “outperform” rating in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $23.00 target price on shares of Target Hospitality in a report on Thursday, August 27th. Stifel Nicolaus set a $26.00 target price on shares of Target Hospitality in a report on Thursday, August 27th. Finally, Weiss Ratings downgraded shares of Target Hospitality from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $25.20.

Target Hospitality Stock Performance

Shares of Target Hospitality stock opened at $10.30 on Wednesday. The firm’s fifty day simple moving average is $17.19 and its 200-day simple moving average is $14.84. Target Hospitality has a 12 month low of $6.10 and a 12 month high of $21.76. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -22.39 and a beta of 1.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.65 and a quick ratio of 0.65.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Target Hospitality during the 2nd quarter worth about $64,312,000. HighTower Advisors LLC grew its holdings in shares of Target Hospitality by 4.3% during the third quarter. HighTower Advisors LLC now owns 1,922,248 shares of the company’s stock worth $37,907,000 after buying an additional 79,981 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Target Hospitality by 21.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,428,773 shares of the company’s stock valued at $13,259,000 after buying an additional 252,212 shares during the last quarter. Senator Investment Group LP acquired a new position in shares of Target Hospitality in the second quarter valued at approximately $28,491,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Target Hospitality by 15.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,081,081 shares of the company’s stock valued at $10,032,000 after buying an additional 147,950 shares during the period. Institutional investors and hedge funds own 32.40% of the company’s stock.

Insider Activity at Target Hospitality

In related news, insider Troy C. Schrenk acquired 5,907 shares of Target Hospitality stock in a transaction dated Friday, September 18th. The shares were acquired at an average cost of $21.16 per share, for a total transaction of $124,992.12. Following the completion of the transaction, the insider directly owned 216,995 shares of the company’s stock, valued at $4,591,614.20. The trade was a 2.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO James Archer acquired 13,385 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average cost of $18.69 per share, for a total transaction of $250,165.65. Following the purchase, the chief executive officer owned 1,845,441 shares of the company’s stock, valued at approximately $34,491,292.29. The trade was a 0.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.80% of the company’s stock.

Key Target Hospitality News

Here are the key news stories impacting Target Hospitality this week:

• Positive Sentiment: Third-quarter revenue rose 30% year over year to $129.1 million, beating analyst expectations of $118.35 million. The company said growth reflected expanding workforce-housing contracts; since January, it has secured more than $1.7 billion in multiyear awards representing over 10,000 beds. Article: Target Hospitality Announces Third Quarter 2026 Results
• Positive Sentiment: Management pointed to a workforce-hospitality pipeline exceeding 25,000 beds and set 2027 exit run-rate targets of more than $750 million in revenue and $300 million in adjusted EBITDA, offering investors a sizable growth outlook. Article: Target Hospitality outlines 2027 run-rate targets
• Neutral Sentiment: Target Hospitality reaffirmed 2026 revenue guidance of $435 million to $445 million, broadly in line with the $439.1 million analyst consensus. Article: Target Hospitality reaffirms 2026 guidance
• Neutral Sentiment: A report described November short interest as having increased but listed the total at zero shares and days to cover at zero. Those figures are inconsistent with the headline and provide no clear short-selling signal.
• Negative Sentiment: The company posted a third-quarter loss of $0.09 per share. While revenue beat expectations, reports also noted persistent margin headwinds, which could limit how much of the strong sales growth translates into profitability. Article: TH Q3 2026 deep dive

About Target Hospitality

Target Hospitality Corporation provides modular accommodations and hospitality services for workers and other groups who need lodging near remote or specialized locations. Its services include lodging, dining, housekeeping, laundry, and recreation, with facilities designed to support extended stays. The company serves customers in industries such as energy and natural resources, as well as government clients. Its operations are primarily in the United States, including locations in the Permian Basin and other areas where traditional lodging may be limited.